BEFORE: Ijlal Hyder Memon (Judge) Banking Court No | Dawn Classifieds

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BEFORE: Ijlal Hyder Memon (Judge) Banking Court No. IV, at Karachi Block # 48-A Pakistan Secretariat, Saddar, Karachi. Suit No. 237 of 2008, Execution No. 70 of 2015. United Bank Limited Office I.I Chundrigar Road Karachi..... Decree Holder Versus Muhammad Rizwan S/o Muhammad Sadiq R/o House No. 2/25, Ground Floor, Buqai Hospital / Real Bakery Nazimabad No. 3-B Karachi......Judgment Debtor Notice is hereby given that under order 21 Rule 64 CPC 1908, an order has been passed by Banking Court for sale of attached Property Decreetal Amount Rs: 4,878,495/- with future markup costs. The undersigned will sale by way of Public Auction on 18-06-2019 at Banking Court No. IV Karachi at 11:00 AM. Mortgaged Property / Properties all that Piece and Parcel of Plot No. 20, Row No. 10, Sub Block-F in Block-III, (III-F, 10/20) measuring 216 square yards situated at Nazimabad, Karachi. Market Value Property About Rs: 36,628,400/- Forced Sale Value Property About Rs: 32,484,140/- Subject to the following Terms & Conditions 1. Property will be auctioned on condition, as is where is basis. 2. All taxes, utility charges, Government, Semi Government, Charges Revenue and 10% withholding charges Tax will be paid by Auction Purchaser in respect of aforesaid property. 3. The person declared to be highest bidder / purchaser shall deposit immediately 25% in pay order in name of Judge Banking Court No. IV, along with photocopy of CNIC of amount of this purchase price with undersigned. No Cheque and no old payorder of 25% will be accepted. 4. The balance of purchase amount shall be paid by purchaser before Court closes on fifteen day after sale of property in default of payment of balance purchase money within prescribed period 25% maybe forfeited. 5. The sale shall-be subject to confirmation by Court. 6. The Court reserve right to cancel auction or not to accept any bid even if it is highest and to cancel auction at any time. Dated 18th April 2019. By Order (Ishfaque Ali Khokhar) Nazir Banking Court IV, Karachi.

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